At what enterprise value was PRET A MANGER acquired in 2018?

During the acquisition of PRET A MANGER by JAB BEECH in 2018, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b GBP.

What was the EV/EBITDA of PRET A MANGER when it was acquired by JAB BEECH?

The estimated EV/EBITDA multiple for PRET A MANGER is in the range of 15x - 25x.

When was PRET A MANGER acquired by JAB BEECH?

PRET A MANGER was acquired by JAB BEECH in 2018.

What was the revenue of PRET A MANGER at the time of the deal?

The revenue of PRET A MANGER at the time of the deal is estimated to be in the range of 450M - 900M GBP.

What was the EBITDA of PRET A MANGER during the acquisition?

PRET A MANGER's EBITDA is estimated to be in the range of 100M - 200M GBP.

How is the data for the PRET A MANGER acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the PRET A MANGER deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.pret.co.uk/en-GB/pr-media-release-jab-acquire

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Home Database Retail & ConsumerPRET A MANGER

05/2018

PRET A MANGER acquired by JAB BEECH

UNITED KINGDOM Hospitality & Leisure / Hospitality / Restaurants / Chains EV 1b - 4b GBP

Context

JAB acquired a majority stake in Pret A Manger from Bridgepoint and other minority shareholders in May 2018. The transaction value the company above £1.0b including debt, with Pret shareholders and employees benefiting from the change in ownership. The deal followed more than a decade of Bridgepoint ownership and gave JAB control of one of the U.K.'s best-known ready-to-eat food chains. The strategic rationale was to add a premium, high-frequency food and coffee brand to JAB's expanding consumer platform. Pret brought a strong U.K. core, a growing international footprint, and a menu centered on freshly prepared sandwiches, salads, wraps, and beverages. JAB saw Pret as a natural complement to its existing coffee and foodservice holdings, giving it another branded concept with cross-market expansion potential and strong consumer loyalty. The company’s emphasis on quality ingredients and prepared-in-shop offerings aligned with JAB’s broader interest in premium, margin-rich consumer businesses.

PRET A MANGER, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.0x).

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Target

Pret A Manger is a British ready-to-eat food and coffee chain founded in 1986 and headquartered in London, United Kingdom. The company specializes in freshly made sandwiches, salads, wraps, juices, and hot beverages prepared daily in shop kitchens with an emphasis on quality ingredients and convenience. Pret built its brand around a fresh, healthy, urban lunch proposition, with strong appeal to commuters and office workers. Pret was widely known for its simple menu, fast service, and charitable food donation practices. Pret's model combined company-owned and franchised locations with a strong brand identity and high-frequency urban traffic. Its revenues came from store sales and related foodservice activity.

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REFERENCES

Valuation range: EV 1b - 4b GBP

Revenue range: 450M - 900M GBP

EBITDA range: 100M - 200M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PRET A MANGER by JAB BEECH are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: pret a manger

Acquirer: jab beech